296 E Broadway Salem, NJ $ 130,000
296 E Broadway
$ 130,000
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296 E Broadway

Salem, NJ, 08079
$ 130,000
Bedrooms5 Baths2.0

Monthly Estimate*

$ 800

296 E Broadway, Salem, NJ 08079 - Image 1

Single Family Home for sale in Salem, NJ

for $130,000 with 5 bedrooms and 2 full baths. This home was built in 1940 on a lot size of 0.15.

Prime mixed-use investment opportunity located in a historic district in the heart of Salem. This property features three total units, including one commercial space and two residential apartmentsa 3-bedroom, 1-bath and a 2-bedroom, 1-bath. The building is in need of a full renovation, making it an ideal project for investors or developers looking to bring new life to a highly visible location. Situated on a generously sized lot, the property offers a large rear parking area along with a spacious garage, perfect for storage, equipment, or potential additional use. With strong potential for mixed-use income and a desirable location along East Broadway, this is a rare opportunity to create value and maximize returns.

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Single Family Active

Price

$ 130,000

Bedrooms

5

Full Bath

2

Property Type

Single Family

Taxes

$ 8,947

Style

Lot Size

0.15

Year Built

1940

Town/City

Salem

County/Region

Salem

MLS | Web ID

NJSA2017992

Features
General
Living Area 0
Sewer Public Sewer
Heating None
Cooling None
Possession 0-30 Days CD
Zoning MIXED
Architectural Style Other
Construction Materials Mixed
School District SALEM CITY SCHOOLS
Year Built 1940
Levels 2
Tax Year 2025
Ownership Fee Simple
Cool Fuel None
Municipality SALEM CITY
Accessibility 2+ Access Exits
County SALEM
New Construction N
Property Type Residential
HOA N
Subdivision Name NONE AVAILABLE
Garage Y/N N
Water Access Y/N N
Other Structures Above Grade Below Grade
Full Baths 2
Status ACTIVE
Directions 296 broadway
City SALEM
Senior Community Y/N N
MLS Area Salem City (21713)
Lot Size Units Square Feet
Lot Size Square Feet 6599.00
Tax Annual Amount 8947.0
Structure Type Other
Condo/Coop Association fee Y/N N
Bathrooms Full Main Level 2
Bathrooms Count Main Level 2.00
Vacation Rental Y/N N
Standard Status Active
Year Built Source Assessor
Tax Lot 00014
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Interior
Heating Fuel Natural Gas
Hot Water Other
Basement (Y/N) N
Fireplace Y/N N
Above Grade Finished Area 0
Central Air Y/N N
Total Bedrooms 5
Below Grade Finished Area 0
Main Level Bedrooms 5
Below Grade Finished Area Unit Type Square Feet
Below Grade Finished Area Source Assessor
Above Grade Finished Area Source Assessor
Above Grade Finished Area Unit Type Square Feet
Total Baths 2
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Exterior
Pool No Pool
Water Source Public
Type of Parking Off Street
Water View Y/N N
Lot Dimensions 40.00 x 165.00
Lot Size Acres 0.15
Lot Size Source Assessor
Waterfront Y/N N
Land Assessed Value 30400.00
Navigable Water Y/N N
Water Oriented Y/N N
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Internal Only
Street Number 1 296
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* Excluded Features
List By
Coldwell Banker Realty

Broker

jderevlany@icloud.com

Email

Affordability Calculator

$1,546
Per Month
52%
48%
0%
Monthly Principal & Interest
$800
Monthly Property Taxes
$746
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.25% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
3535135 Elementary School
3536320 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
4/11/2026$130,000 Listed Price

Map


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296 E Broadway, Salem, NJ, 08079 is a Single Family Home for sale at $130,000 with a lot size of 0.15. 296 E Broadway has 5 bedrooms, 2.0 baths, and was built in 1940. The property's zip code is 08079 which is in Salem, NJ